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More E-Commerce Means More Warehouses. That’s a Reason to Buy Stock in This Leading REIT.
Real estate investment trusts are known for their dividends, and that makes sense. After all, they are required to pay out at least 90% of their taxable income to shareholders.
But Prologis (ticker: PLD)—the world’s largest industrial REIT, thanks to its portfolio of warehouses on four continents—has also seen its stock price surge, bolstered by the boom in e-commerce. That has helped it deliver a hefty total return to investors.
San…
